Just to clarify: on @merkl_xyz, campaigns can't be gamed like that.
Merkl doesn't rely on snapshots, it accounts for every onchain event.
So holding 1 billion for 1 second earns you exactly the same as holding 277k for a full hour (1bn / 3600).
Interesting spike pattern on Aave around midnight. Probably someone exploiting some reward campaign I guess or wanting to pump numbers at each EoD
Also interesting to see that the borrow rate was arbitraged between the two venues.